Manager Mumbai, India;DLF Cyber Park,Sector 20 (739615); Chennai, India **Job Description:** **About Us** At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day. One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being. Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization. Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us! **Global Business Services** Global Business Services delivers Technology and Operations capabilities to Lines of Business and Staff Support Functions of Bank of America through a centrally managed, globally integrated delivery model and globally resilient operations. Global Business Services is recognized for flawless execution, sound risk management, operational resiliency, operational excellence and innovation. In India, we are present in five locations and operate as BA Continuum India Private Limited (BACI), a non-banking subsidiary of Bank of America Corporation and the operating company for India operations of Global Business Services. **Process Overview** The Global Markets NFRR is responsible for the preparation and submission of the NFRR reports on periodic basis and share with the Line of business. Key activities include - Generating the report from the GRRS application- Performing and Analyzing data quality checks- Investigate data issues found- Perform manual adjustments if any- Get signoff from relevant stake holders on the report generated- Archival of Submission and Supporting Documentation. Team also partners and support few other functions like Transformation, continuous improvement and Production Monitoring as horizontals. **Job Description** The incumbent will be a part for Global Markets NFRR team in India The primary responsibility will be monitoring of adherence of Enterprise Data Management - Data USE standard for all NFRR reports. The function enforces controls on the NFRR Inventory metadata, monitor Production Health of the reports and track and report production health breaches and regulatory inquiries. Strong communication and judgement skills with exposure towards Global Markets / Banking products is required. Role has constant interaction with stakeholders and produce high quality data analysis and presentation that will be presented to the regional steerco. Therefore, ability to analyze and interpret data /information provided to identify anomalies, if any and a high level of _attention to detail_ are essential. **Responsibilities:** The responsibilities of the incumbent will include the following. + Responsible for the maintenance of procedures, control documentation, and spreadsheet compliance of reports being prepared by India team + Responsible for responding to queries from Business Partners related to reports being prepared + Interacting and providing support to regulators and public auditors as needed + Supervising for tasks related to regulatory reporting + Responsible analyzing current processes, and helping drive process improvements, metrics and technology improvements recommendations + Responsible for identifying and mitigating process risks locally and globally. + Conducting Quality Assurance activities which may include all controls as defined in the Use standard + Ensure changes in laws and regulations are evaluated for impact to relevant reports, plan for implementation of change is developed and tracked. + Identify change implementation risks and ensure those are signed off by the respective stakeholders + Provide Regulatory Reporting Risk subject matter expertise for Technology & Operations areas + Develop and maintain relationships with Operations, Technology, Audit, Compliance and other control groups + Enable target state capacity alignment (e.g. Approval Workflow, Archival etc.) as reports are onboard + Validate controls implemented are working as expected + Assist the Regulatory Reporting Analyst with the review and assessment of reporting processes scheduled to be onboard into the center. + Perform current to target state transition documentation and testing for NFRR reports generated through the technology framework and tools. **Requirements** + **Education:** CA, MBA + **Certifications If any** : NA + **Experience Range** -12 to 15 yrs **Foundational Skills:** + Communication and Interpersonal Skills: Ability to effectively communicate to Executive Leadership and others levels within the Bank + Negotiation Skills : - Demonstrated ability to negotiate with senior & junior folks across different groups as operations / compliance / ops risk / regulators and auditors + Stake holder management (internal & external) across regions / functions / lines of business: Demonstrated ability to manage senior stakeholders across different groups as operations / compliance / ops risk / regulators and auditors. + Sound knowledge of Microsoft Office applications – PowerPoint, Excel and Word and ability to work on these without any support. **Desired Skill:** + Experience in Equity Aggregation Operations or Compliance (also known as Position Reporting, Shareholding Disclosures, Disclosure of Interest) + Regulatory reporting experience and/or experience in a global markets regulatory reporting environment or exposure to position/transaction processes/life cycle (other than Equity Aggregation) + Experience in performing user acceptance testing for system and data enhancements **Work Timings:** 12:30 PM – 9:30 PM IST **Job Location:** Mumbai/Gurugram/Chennai Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity and affirmative action, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates. To view the "Know your Rights" poster, CLICK HERE (https://www.eeoc.gov/sites/default/files/2023-06/22-088\_EEOC\_KnowYourRights6.12.pdf) . View the LA County Fair Chance Ordinance (https://dcba.lacounty.gov/wp-content/uploads/2024/08/FCOE-Official-Notice-Eng-Final-8.30.2024.pdf) . Bank of America aims to create a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse. Our Drug-Free Workplace and Alcohol Policy (“Policy”) establishes requirements to prevent the presence or use of illegal or illicit drugs or unauthorized alcohol on Bank of America premises and to provide a safe work environment. To view Bank of America’s Drug-free Workplace and Alcohol Policy, CLICK HERE . This communication provides information about certain Bank of America benefits. 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